Golub Capital BDC, Inc. (GBDC) vs Mechanics Bank (MCHB)
A side-by-side comparison of Golub Capital BDC, Inc. and Mechanics Bank across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of October 6, 2026. Differences are shown without an overall score or investment verdict.
GBDC
Golub Capital BDC, Inc.
$12.19Financial ServicesDelayed quote: Oct 6, 2026, 4:00 PM EDT
MCHB
Mechanics Bank
$14.89Financial ServicesDelayed quote: Oct 6, 2026, 4:00 PM EDT
Total return — GBDC vs MCHB
growth of $100 · dividends reinvested · last 10yGBDC +67.7% (+5.3%/yr)MCHB -25.7% (-2.9%/yr)GBDC compounded faster over this window
GBDC MCHB
GBDC vs MCHB: by the numbers
- •MCHB is the larger company ($3.28B vs $3.18B market cap).
- •MCHB trades at the lower trailing earnings multiple (11.91 vs 22.16 P/E), one valuation lens rather than an overall verdict.
- •MCHB converts more revenue to profit (26.53% vs 20.51% net margin).
- •MCHB grew revenue faster over the past five years (21.79% vs 10.39% CAGR).
- •GBDC pays the higher dividend yield (11.15% vs 10.43%).
Metrics side by side
Valuation
| Metric | GBDC | MCHB |
|---|---|---|
| P/E ratio | 22.16 | 11.91 |
| Forward P/E | 9.53 | 14.32 |
| PEG ratio | 0.72 | 0.42 |
| P/S ratio | 4.44 | 3.09 |
| P/B ratio | 0.86 | 1.22 |
Profitability
| Metric | GBDC | MCHB |
|---|---|---|
| Gross margin | 74.39% | N/A |
| Operating margin | 78.94% | 31.51% |
| Net margin | 20.51% | 26.53% |
| ROE | 3.96% | 10.46% |
Mechanics Bank: Gross margin is not shown for a lender or insurer: its revenue is interest, premiums and fees rather than the sale of goods, so there is no cost of goods sold to measure it against.
Dividends
| Metric | GBDC | MCHB |
|---|---|---|
| Dividend yield | 11.15% | 10.43% |
| Payout ratio | 250.91% | 124.80% |
Growth (annualized)
| Metric | GBDC | MCHB |
|---|---|---|
| Revenue CAGR (5Y) | 10.39% | 21.79% |
| EPS CAGR (5Y) | 30.87% | 28.37% |
| Total return CAGR (5Y) | 5.49% | -15.32% |
Frequently asked
- Which has the lower trailing P/E, GBDC or MCHB?
- MCHB has the lower trailing P/E: GBDC trades at 22.16 and MCHB at 11.91. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, GBDC or MCHB?
- Over the past five years, MCHB grew revenue faster — GBDC at a 10.39% CAGR versus MCHB at 21.79%.
- Does GBDC or MCHB pay a bigger dividend?
- GBDC yields 11.15% and MCHB yields 10.43% based on trailing dividends and the latest price.
- Is GBDC or MCHB more profitable?
- MCHB runs the higher net margin — GBDC at 20.51% versus MCHB at 26.53%.
- How have GBDC and MCHB total returns compared?
- Over the past 10 years, GBDC delivered 5.25% and MCHB delivered -2.87% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Golub Capital BDC P/E ratioMechanics Bank P/E ratioGolub Capital BDC dividend yieldMechanics Bank dividend yieldGolub Capital BDC ROEMechanics Bank ROEGolub Capital BDC operating marginMechanics Bank operating marginGolub Capital BDC revenue growthMechanics Bank revenue growth
Golub Capital BDC & Mechanics Bank appear in these rankings
Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified October 6, 2026.